On a fixed mortgage, i could pay extra payments (or a one time lump sum payment) and apply it towards principal.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Creating an LLC for every single property is unscalable and there has never been a time when a landlord would lose all their property from a lawsuit.

I wanted to share the financials after 3 years, and demonstrate what three years of real estate investing can achiev3 Bed/1 Ba Single Family Pro-Forma:Year 1 (2021)Income:Rent: $1,200.00Expenses:Mortgage: $509.95Taxes: $119.10Insurance: $43.84Cap Ex: $60Repairs/Maintenance: $60Vacancy: $60Monthly Cashflow:$347.11/mo or $4,165.32/yrYear 3 (2024)Income:Rent: $1,300.00Additional Pet Rent: $75Expenses:Mortgage: $509.95Taxes: $155.43Insurance: $53.03Cap Ex: $68.75Repairs/Maintenance: $68.75Vacancy: $58.75Monthly Cashflow:$450/mo or $5,400/yr (Total/Not 50/50 %)Total Equity: $37,473.88-Principal Equity: $7,959.62I have learned a lot about the systems needed in place to run a rental property, and how important picking the right tenant is. 

Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip.

I'm excited to join this community and connect with like-minded individuals passionate about real estate investing.

Thank you very much everybody for taking the time to provide your orientation.

They anticipate small increases; these are always less that CPI so unless a landlord here is willing to go to the expense of petitioning the board the rents will in time always fall significantly below market value.

My wife, Shelbie, and I have been researching about REI for the past 1 year. Shelbie is a licensed Oklahoma Realtor as well with our goal being to have our first property by the third quarter of 2025 in Oklahoma or ne...

Millionaire Real Estate Investor3.